WUHAN,
China, July 12, 2024 /PRNewswire/ -- DouYu
International Holdings Limited ("DouYu" or the "Company") (Nasdaq:
DOYU) a leading game-centric live streaming platform in
China and a pioneer in the eSports
value chain, today announced that Nasdaq has set September 3,
2024 as the ex-dividend date for the special cash dividend that was
announced on July 3, 2024. As the
special cash dividend of US$9.76 per
ordinary share, or US$9.76 per
American Depositary Share ("ADS"), net of a handling fee of
US$0.05 per ADS charged by the
depositary bank, exceeds 25% of the Company's ADS price, pursuant
to the rules of Nasdaq, the ex-dividend date is September 3, 2024, the first business day
following the dividend payment date of August 30, 2024.
In addition, Nasdaq will apply its due bill procedures, pursuant
to which trades of the Company's ADSs entered into before
September 3, 2024 and settled after the record date of
August 21, 2024 (the "due bill
period") will have a due bill attached for the special cash
dividend payable on August 30, 2024.
This means that holders who purchase these securities during the
due bill period (even if the trades are to be settled after that
due bill period) are entitled to receive the special cash dividend,
while sellers who sell the securities during the due bill period
(even if the trades are to be settled after the due bill period)
are not entitled to the special cash dividend. Investors who enter
into trades to purchase ADSs on or after September 3, 2024
will not be entitled to the special cash dividend payable on
August 30, 2024.
About DouYu International Holdings Limited
Headquartered in Wuhan, China,
DouYu International Holdings Limited (Nasdaq: DOYU) is a leading
game-centric live streaming platform in China and a pioneer in the eSports value
chain. DouYu operates its platform on both PC and mobile apps to
bring users access to immersive and interactive games and
entertainment livestreaming, a wide array of video and graphic
contents, as well as opportunities to participate in community
events and discussions. By nurturing a sustainable technology-based
talent development system and relentlessly producing high-quality
content, DouYu consistently delivers premium content through the
integration of livestreaming, video, graphics, and virtual
communities with a primary focus on games, especially on eSports.
This enables DouYu to continuously enhance its user experience and
pursue long-term healthy development. For more information, please
see http://ir.douyu.com/.
Safe Harbor Statements
This press release contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Statements that
are not historical facts, including statements about the Company's
beliefs and expectations, are forward-looking statements. Forward-
looking statements involve inherent risks and uncertainties, and a
number of factors could cause actual results to differ materially
from those contained in any forward-looking statement, including
but not limited to the following: the Company's results of
operations and financial condition; the Company's business
strategies; general market conditions, in particular, the game live
streaming market; the ability of the Company to retain and grow
active and paying users; changes in general economic and business
conditions in China; the impact of
the COVID-19 to the Company's business operations and the economy
in China and globally; any adverse
changes in laws, regulations, rules, policies or guidelines
applicable to the Company; and assumptions underlying or related to
any of the foregoing. In some cases, forward-looking statements can
be identified by words or phrases such as "may," "will," "expect,"
"anticipate," "target," "aim," "estimate," "intend," "plan,"
"believe," "potential," "continue," "is/are likely to" or other
similar expressions. Further information regarding these and other
risks, uncertainties or factors is included in the Company's
filings with the Securities Exchange Commission. All information
provided in this press release is as of the date of this press
release, and the Company does not undertake any duty to update such
information, except as required under applicable law.
Investor Relations Contact
In China:
Lingling Kong
DouYu International Holdings Limited
Email: ir@douyu.tv
Tel: +86 (10) 6508-0677
Andrea Guo
Piacente Financial Communications
Email: douyu@tpg-ir.com
Tel: +86 (10) 6508-0677
In the United States:
Brandi Piacente
Piacente Financial Communications
Email: douyu@tpg-ir.com
Tel: +1-212-481-2050
Media Relations Contact
Lingling Kong
DouYu International Holdings Limited
Email: pr_douyu@douyu.tv
Tel: +86 (10) 6508-0677
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SOURCE DouYu International Holdings Limited